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A newly-amended 13D filing with the Securities and Exchange Commission revealed that billionaire Mario Gabelli‘s GAMCO Investors and its affiliates have raised their stake in Herc Holdings Inc (NYSE:HRI) to 2.92 million shares, which amass 10.33% of the stock’s float. Out of the aggregate amount, GAMCO solely holds 2.27 million shares, which account for 8.03% of the outstanding shares. As per its previous 13D filing on the company, on September 1, GAMCO Investors and its associates held 2.57 million shares, which amassed 9.08% of the company’s outstanding stock, while GAMCO alone owned 2.07 million shares, which represented 7.36% of the float.

Herc Holdings, which has recently separated from Hertz Global Holdings (NYSE:HTZ), is a holding company that offers car rental and leasing services, operating in four sectors: Worldwide Equipment Rental, International Car Rental, US Car Rental and Other Operations. In its financial report for the second quarter of 2016, Herc Holdings disclosed a loss per share of $0.28 and total revenue of $380.4 million, compared to EPS of $0.35 and total revenue of $422.7 million for the corresponding period of the previous year.

Among the investors in our database bullish on Herc Holdings (NYSE:HRI) at the end of June were David Cohen and Harold Levy’s Iridian Asset Management, with a position valued at $165.92 million, and Karthik Sarma’s SRS Investment Management, which held a position worth around $110.10 million. Some other smart money managers with similar enthusiasm included Jim Simons’ Renaissance Technologies, David Einhorn’s Greenlight Capital, Andrew Feldstein and Stephen Siderow’s Blue Mountain Capital, and Ken Griffin’s Citadel Investment Group.

Associated Capital Group, Inc. I.D. No. 47-3965991 Check the appropriate box if a member of a group (SEE INSTRUCTIONS) (a) (b)

0.00%

Mario J. Gabelli

24,385

24,385

24,385

0.08%

Mario Gabelli

GAMCO Investors

Page 1 of 19 – SEC Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 4)

Herc Holdings Inc.

(Name of Issuer)

Common Stock, Par Value $0.01

(Title of Class of Securities)

________42704L104_________

(CUSIP Number)

David Goldman

GAMCO Investors, Inc.

One Corporate Center

Rye, New York 10580-1435

(914) 921-5000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

______________________ September 13, 2016________________________

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box .